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Singapore Arrests Superyacht Captain in $150M Money Laundering Case

12/19/2025

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Story summary
  • Nigel Tang Wan Bao Nabil was arrested by Singapore police on December 11 on suspicion of money laundering linked to Chen Zhi, the alleged leader of a scam network.
  • Tang operated Chen Zhi's superyacht while remaining out on bail.
  • United States authorities indicted Chen Zhi for leading a criminal ring, remaining at large.
  • Singapore authorities have seized $150 million in assets tied to Chen Zhi, including real estate.